$379,000
1807 Franklin Avenue, Bonham, TX, 75418
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range
FlooringHardwood
Exterior
Lot Size8,076 sqft
Building Information
Year Built2024
Land Information
APN142912
Lot Number12
Land UseResidential Multi-Family
Legal DescriptionFAIRVIEW ADDN, BLOCK 13, LOT 12, PT OF 13
Census Tract950402
Assessed Land Value$31,670
Assessed Improvement Value$227,000
Assessment Year2025
About this property
Great investment opportunity, live in one side, rent the other. This brand new duplex is within walking distance to Bonham High School and IW Evans Intermediate School. With a welcoming open floor plan, this Duplex features 9 Ft ceilings, quarts countertops, stainless steel appliances, walk in closets, and double vanity for master bathroom. This home offers the perfect balance of accessibility and modern features. Come check it out before its gone. *Individual fenced in back yards per unit*
Investor Tools
$0Estimated Mortgage Balance
$258,670Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$258,670
2025
$31,670
$227,000
$258,670
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$258,670
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$258,670
100%
0%
$0/mo
